XML 47 R37.htm IDEA: XBRL DOCUMENT
v3.21.1

Basis of presentation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of Basic and Diluted Earnings Per Common Share Calculation | The following is a summary of the basic and diluted earnings per common share calculation for each of the periods presented:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Basic earnings per common share calculation: |  |  |  |  |  |
Net income applicable to FB Financial Corporation |  | $ | 63,621 |  |  | $ | 83,814 |  |  | $ | 80,236 |
Dividends paid on and undistributed earnings allocated to participating securities |  | — |  |  | (447) |  |  | (428) |
Earnings available to common shareholders |  | $ | 63,621 |  |  | $ | 83,367 |  |  | $ | 79,808 |
Weighted average basic shares outstanding |  | 37,621,720 |  |  | 30,870,474 |  |  | 30,675,755 |
Basic earnings per common share |  | $ | 1.69 |  |  | $ | 2.70 |  |  | $ | 2.60 |
Diluted earnings per common share: |  |  |  |  |  |
Earnings available to common shareholders |  | 63,621 |  |  | 83,367 |  |  | 79,808 |
Weighted average basic shares outstanding |  | 37,621,720 |  |  | 30,870,474 |  |  | 30,675,755 |
Weighted average diluted shares contingently issuable(1) |  | 478,024 |  |  | 532,423 |  |  | 639,226 |
Weighted average diluted shares outstanding |  | 38,099,744 |  |  | 31,402,897 |  |  | 31,314,981 |
Diluted earnings per common share |  | $ | 1.67 |  |  | $ | 2.65 |  |  | $ | 2.55 |
(1) Excludes 239,813 restricted stock units outstanding considered to be antidilutive as of December 31, 2020.
Schedule of Impact on the Consolidated Balance Sheet of Adoption of ASU 2016-13 | A summary of the impact to the consolidated balance sheet as of the adoption date is presented in the table below:
|  | Balance before adoption of ASC 326 |  | Cumulative effect adjustment to adopt ASC 326 |  | Impact of the adjustment to adopt ASC 326 |  | Balance at January 1, 2020 (post ASC 326 adoption)
ASSETS: |  |  |  |
Loans |  | $ | 4,409,642 |  |  | $ | 558 |  |  | Increase |  | $ | 4,410,200 |
Allowance for credit losses |  | (31,139) |  |  | (31,446) |  |  | Increase |  | (62,585) |
Total impact to assets |  |  |  | $ | (30,888) |  |  | Net decrease |  |
LIABILITIES AND EQUITY: |  |  |  |  |  |  |  |
Allowance for credit losses on unfunded commitments |  | $ | — |  |  | $ | 2,947 |  |  | Increase |  | $ | 2,947 |
Net deferred tax liability |  | 20,490 |  |  | (8,817) |  |  | Decrease |  | 11,673 |
Retained earnings |  | 293,524 |  |  | (25,018) |  |  | Decrease |  | 268,506 |
Total impact to liabilities and equity |  |  |  | $ | (30,888) |  |  | Net decrease |  |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration